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spiderplant 16-07-2023 10:19

Re: The energy crisis
 
Quote:

Originally Posted by Ms NTL (Post 36156278)
Some of our machines use wifi switches (13 quid from amazon), they just run at the cheapest times automatically following octopus data.

Nice idea, but what appliances can you use like this? All our heavy users (dishwasher, washing machine, tumble dryer) need a button pressing to start them.

Jaymoss 16-07-2023 10:25

Re: The energy crisis
 
Quote:

Originally Posted by spiderplant (Post 36156286)
Nice idea, but what appliances can you use like this? All our heavy users (dishwasher, washing machine, tumble dryer) need a button pressing to start them.

You can get switchbots

Chris 16-07-2023 12:20

Re: The energy crisis
 
Quote:

Originally Posted by spiderplant (Post 36156286)
Nice idea, but what appliances can you use like this? All our heavy users (dishwasher, washing machine, tumble dryer) need a button pressing to start them.

Most modern white goods have a time delay feature. As far as possible, our dishwasher only ever runs during the daytime, at a time of day I know the solar panels are likely to be generating what it needs.

Ms NTL 16-07-2023 13:38

Re: The energy crisis
 
Quote:

Originally Posted by Chris (Post 36156297)
Most modern white goods have a time delay feature. As far as possible, our dishwasher only ever runs during the daytime, at a time of day I know the solar panels are likely to be generating what it needs.


I use the above

---------- Post added at 13:35 ---------- Previous post was at 13:35 ----------

Quote:

Originally Posted by spiderplant (Post 36156286)
Nice idea, but what appliances can you use like this? All our heavy users (dishwasher, washing machine, tumble dryer) need a button pressing to start them.

On the dryer and dishwasher I use this

https://www.amazon.co.uk/BG-Electric...ps%2C85&sr=8-5

---------- Post added at 13:38 ---------- Previous post was at 13:35 ----------

Quote:

Originally Posted by Jaymoss (Post 36156288)
You can get switchbots

And my son is planning to use this
https://www.amazon.co.uk/Fingerbot-C...ps%2C82&sr=8-7

using artificial skin (available on amazon) the washing machine has a touch button. Currently I use the delay button.

But if you avoid heavy use 4-7pm, with no gadgets, then you save 40-50% . Using the delay button you save 60%....

Sephiroth 16-07-2023 15:00

Re: The energy crisis
 
What is this country coming to? Smart meters put you at the mercy of the profit making utility providers. Conservatives shouldn’t have stooped so low. (Same with water).

Mr K 16-07-2023 21:10

Re: The energy crisis
 
Quote:

Originally Posted by Sephiroth (Post 36156308)
What is this country coming to? Smart meters put you at the mercy of the profit making utility providers. Conservatives shouldn’t have stooped so low. (Same with water).

Great for shareholders and dividends. Stuff the consumer or providing an essential public service. It's typically Conservative and what they're about.

You need to re evalue your blind support if you think otherwise.

denphone 17-07-2023 05:56

Re: The energy crisis
 
Quote:

Originally Posted by Mr K (Post 36156337)
Great for shareholders and dividends. Stuff the consumer or providing an essential public service. It's typically Conservative and what they're about.

You need to re evalue your blind support if you think otherwise.

Exactly as its free market capitalism as what else would one expect.

Profit will always come first before us the customer.

Sephiroth 17-07-2023 06:52

Re: The energy crisis
 


Free market capitalism is fine rxcept as regards the utilities.

Mr K 17-07-2023 09:16

Re: The energy crisis
 
Quote:

Originally Posted by Sephiroth (Post 36156355)


Free market capitalism is fine rxcept as regards the utilities.

Yes, worked brilliantly for the railways.

Ms NTL 17-07-2023 15:04

Re: The energy crisis
 
Quote:

Originally Posted by Sephiroth (Post 36156308)
What is this country coming to? Smart meters put you at the mercy of the profit making utility providers. Conservatives shouldn’t have stooped so low. (Same with water).

Read this

https://reneweconomy.com.au/this-is-...newables-soar/

There is oversupply of electricity on windy and sunny days in the UK.

https://winderful.uk/

Too much hydro electricity in Norway after rainy days or snow melting. Many countries cannot sell it. I was told the transformers cannot cope with oversupply of leccy. All of us have to shift electricity use and find ways to store it.

Octopus makes 100% profit on Agile leccy, I gave the public formula above. On standard tariffs, they have to play the future markets: some companies win, but many, many went belly up.

ianch99 17-07-2023 15:35

Re: The energy crisis
 
Regarding Agile, I switched a month or so ago and this app (on iOS) claims to show the savings made relative to a chosen (other) tariff for your region:

Octopus Compare

It claims that for the last month we spent £77.88 on Agile November 2022 v1 vs. £145.79 if we remained on the Standard Tariff April 2023 v1

Chrysalis 19-07-2023 15:38

Re: The energy crisis
 
Quote:

Originally Posted by Sephiroth (Post 36156308)
What is this country coming to? Smart meters put you at the mercy of the profit making utility providers. Conservatives shouldn’t have stooped so low. (Same with water).

Meanwhile I carry on paying on average 30% of the amount SVR (legacy) tariff users pay for the same usage. Using my smart meter with a smart tariff issued by a profit making utility provider.

ianch99 19-07-2023 18:07

Re: The energy crisis
 
This has probably been posted but for Octopus Agile folks, this site is useful:

https://energy-stats.uk/octopus-agile-southern-england/

jfman 27-07-2023 08:45

Re: The energy crisis
 
Crisis, what crisis?

All good as the energy companies announce billions in profits and share buy backs.

jfman 27-07-2023 11:55

Re: The energy crisis
 
Quote:

French state-owned EDF reported this morning that its UK business made profits of almost €2.3bn (£2bn) for the first half of the year, up from €860m in the same months last year. That included the earnings from EDF’s nuclear power plants in the UK.

It said this increase was driven mainly by the regulated price cap, with EDF telling shareholders:

The rise in EBITDA is essentially explained by a recovery of margins in the supply business, driven mainly by allowances in the UK domestic default tariff cap allowing suppliers to recover costs incurred through the market turbulence of previous years.
11.21 BST here https://www.theguardian.com/business...-business-live

Two billion quid leaving these shores for the sunnier climbs of France.

Sephiroth 27-07-2023 12:06

Re: The energy crisis
 
This is a crisis in its own right. I'd like to see a balance sheet that sets off past losses (as in Covid) against the recovery profits. If there is a net surplus for these companies, then there's something more than very wrong, particularly in respect of regulation.

SnoopZ 27-07-2023 13:11

Re: The energy crisis
 
How do people's monthly bills compare lately?

For me 2 bed house, I work shifts so half a day the house is empty and my gas with old conventional boiler for 25 days is £21 and Electricity £47 for the month on Octopus Flexible Tariff.

Mad Max 27-07-2023 20:48

Re: The energy crisis
 
Quote:

Originally Posted by SnoopZ (Post 36157338)
How do people's monthly bills compare lately?

For me 2 bed house, I work shifts so half a day the house is empty and my gas with old conventional boiler for 25 days is £21 and Electricity £47 for the month on Octopus Flexible Tariff.

Do you constantly shiver in winter? ;)

SnoopZ 27-07-2023 22:49

Re: The energy crisis
 
Quote:

Originally Posted by Mad Max (Post 36157381)
Do you constantly shiver in winter? ;)

Only when I get up at 5am on an Early Shift but obviously the heating isn't on at this time of year. ;)

Hugh 27-07-2023 23:05

Re: The energy crisis
 
Quote:

Originally Posted by SnoopZ (Post 36157338)
How do people's monthly bills compare lately?

For me 2 bed house, I work shifts so half a day the house is empty and my gas with old conventional boiler for 25 days is £21 and Electricity £47 for the month on Octopus Flexible Tariff.

Just received ours - electricity £106, gas £41, 30 days with a condenser boiler, 4 bed detached house.

denphone 28-07-2023 06:04

Re: The energy crisis
 
Our electric currently is around £95 a month while our Gas comes in at around £25 a month.

Paul 27-08-2023 04:03

Re: The energy crisis
 
The Price Cap will drop again on October 1st, from £2074 to £1923.

SnoopZ 27-08-2023 09:47

Re: The energy crisis
 
Question for anyone on Octopuses normal Flexible Tariff.

Octopus are offering me a fixed tariff called 'Loyal Octopus 12M Fixed' and say I could save £33.36 a year on Electricity and £30.75 on Gas if I switched with their monthly estimate at £102.11 compared to £107.45 on my current Tariff. My latest monthly usages bill is £56.33 for Electricity and £25 for Gas, I pay £100 a month via DD and now £360.60 in credit.

I've never had a fixed tariff before so I really don't know if I should switch or not....

Jaymoss 27-08-2023 09:52

Re: The energy crisis
 
Quote:

Originally Posted by SnoopZ (Post 36159301)
Question for anyone on Octopuses normal Flexible Tariff.

Octopus are offering me a fixed tariff called 'Loyal Octopus 12M Fixed' and say I could save £33.36 a year on Electricity and £30.75 on Gas if I switched with their month estimate at £102.11 compared to £107.45 on my current Tariff. My latest monthly usages bill is £56.33 for Electricity and £25 for Gas, I pay £100 a month via DD and now £360.60 in credit.

I've never had a fixed tariff before so I really don't know if I should switch or not....

I am not sure. If Octopus was not charging £75 per fuel if you want to switch mid contract I would be on the fix already but the £150 charges puts me off

It is dropping in October then rising in Jan but then it is all clouded. If it drops a decent amount in April and July you could find you losing out

SnoopZ 27-08-2023 09:54

Re: The energy crisis
 
Quote:

Originally Posted by Jaymoss (Post 36159302)
I am not sure. If Octopus was not charging £75 per fuel if you want to switch mid contract I would be on the fix already but the £150 charges puts me off

It is dropping in October then rising in Jan but then it is all clouded. If it drops a decent amount in April and July you could find you losing out

Yes thats my train of thought too we just don't know.

joglynne 27-08-2023 11:00

Re: The energy crisis
 
Quote:

Originally Posted by SnoopZ (Post 36159303)
Yes thats my train of thought too we just don't know.

I'm trying to decide what to do. My 2 year fix with Octopus ends on Setember 9th.I know I will go onto their Flexible (standard ) option automaticaly but they have also offered a Loyal Octopus 12M Fixed and I just can't decide what to do. ((glum face))

Sephiroth 27-08-2023 11:06

Re: The energy crisis
 

I assume that companies would offer something that is calculated to increase their profit.

Jaymoss 27-08-2023 11:29

Re: The energy crisis
 
Quote:

Originally Posted by Sephiroth (Post 36159306)

I assume that companies would offer something that is calculated to increase their profit.

The price cap has ruined everything. Competition was great switching to the best cap deal every year

Mr K 27-08-2023 16:07

Re: The energy crisis
 
Quote:

Originally Posted by Sephiroth (Post 36159306)

I assume that companies would offer something that is calculated to increase their profit.

Exactly. They wouldn't make any of these fix offers if they didn't calculate they'd get more money out of you. (through retained custom and/or fixing too high). They ain't in it for our benefit.

Jaymoss 27-08-2023 19:54

Re: The energy crisis
 
They are still speculating on the market and could lose

Mr K 27-08-2023 20:56

Re: The energy crisis
 
Quote:

Originally Posted by Jaymoss (Post 36159326)
They are still speculating on the market and could lose

The odds will always be in their favour or they wouldn't be in business. ( a bit like the bookies...)

Ms NTL 27-08-2023 22:12

Re: The energy crisis
 
Quote:

Originally Posted by Mr K (Post 36159327)
The odds will always be in their favour or they wouldn't be in business. ( a bit like the bookies...)

how many went bust? bulb, avro ....

Hugh 28-08-2023 09:42

Re: The energy crisis
 
Quote:

Originally Posted by Ms NTL (Post 36159337)
how many went bust? bulb, avro ....

Mmmm….

https://www.theguardian.com/business...20last%20month.

Quote:

Gudka and Wood cashed out £4m each in shares in 2018. Gudka left the business before its collapse to set up a battery storage company while Wood faced criticism over his £250,000 taxpayer-funded salary after it went bust.

Heavymetal1 28-08-2023 10:15

Re: The energy crisis
 
Quote:

Originally Posted by joglynne (Post 36159305)
I'm trying to decide what to do. My 2 year fix with Octopus ends on Setember 9th.I know I will go onto their Flexible (standard ) option automaticaly but they have also offered a Loyal Octopus 12M Fixed and I just can't decide what to do. ((glum face))

I was offered a one year fix by my supplier Eon.Next at 1% below the Energy price cap I took the one year fix purely for peace of mind ,and after reading Martin Lewises MSE guide which says it was worth considering at that rate .

After its run its course I am hoping the prices will have come down again somewhat.

Sephiroth 28-08-2023 10:34

Re: The energy crisis
 
Quote:

Originally Posted by Heavymetal1 (Post 36159355)
I was offered a one year fix by my supplier Eon.Next at 1% below the Energy price cap I took the one year fix purely for peace of mind ,and after reading Martin Lewises MSE guide which says it was worth considering at that rate .

After its run its course I am hoping the prices will have come down again somewhat.


Is that 1% below the energy price cap whatever it is whenever it is changed during that year? Given that the cap is taken as the standard variable price now by those thieves, 1% less is something, albeit they’ve locked you in.

Heavymetal1 28-08-2023 10:43

Re: The energy crisis
 
Quote:

Originally Posted by Sephiroth (Post 36159357)

Is that 1% below the energy price cap whatever it is whenever it is changed during that year? Given that the cap is taken as the standard variable price now by those thieves, 1% less is something, albeit they’ve locked you in.

No thats 1% lower then the Energy price cap in July ,not the ones going forward its going down again in October just been announced ,before Cornwall Insight predict a slight rise in Januarys ,so I may end up as even Stevens on the deal .

But if it does rise unpredictably in January at least I am covered ,if the last few years have taught me anything at all its the almost totally unpredictable nature as regards the energy markets thanks largely to the Ukrainian invasion .

Sephiroth 28-08-2023 11:13

Re: The energy crisis
 
Quote:

Originally Posted by Heavymetal1 (Post 36159359)
No thats 1% lower then the Energy price cap in July ,not the ones going forward its going down again in October just been announced ,before Cornwall Insight predict a slight rise in Januarys ,so I may end up as even Stevens on the deal .

But if it does rise unpredictably in January at least I am covered ,if the last few years have taught me anything at all its the almost totally unpredictable nature as regards the energy markets thanks largely to the Ukrainian invasion .


I can’t question your logic. But their 1% is measly and proves to me that all they are doing is protecting their margins at your expense. As you say, evens-stevens is a likely outcome.


jfman 28-08-2023 13:54

Re: The energy crisis
 
Quote:

Originally Posted by Sephiroth (Post 36159361)

I can’t question your logic. But their 1% is measly and proves to me that all they are doing is protecting their margins at your expense. As you say, evens-stevens is a likely outcome.


It might benefit the end user very slightly over the term. It benefits them (from a shareholder value perspective) to have a customer in contract for ever so slightly less profit than one who could in theory walk away any time.

I fixed with E.on in July at a price that’s still lower than the October price . My usage drops off a cliff in April anyway so I’m only really at risk of losing out in the January to March window having already saved in the six months before that.

Taf 01-09-2023 11:33

Re: The energy crisis
 
Our latest energy bill from Scottish Power has arrived. All prices include VAT.

Electricity
Standing Charge: 53.82p per day
Was 33.28 p/kwh
From 1st July 30.22 p/kwh

Gas
Standing Charge: 29.11p per day
Was 10.47 p/kwh
From 1st July 7.66 p/kwh

Our electricity use per day was 11.8 kwh, they say the High Usage level is 11.7 kwh
Our gas use per day was 17.8 kwh, they say the Low Usage level is 21.9 kwh

Our electricity usage for this period was 884 kwh compared with 866 kwh for the same period last year.

Our gas usage for this period was 468 kwh compared with 526 kwh for the same period last year.

1andrew1 01-09-2023 12:50

Re: The energy crisis
 
Octopus is set to acquire Shell's 2m energy customers, making it the second largest energy provider in the UK after British Gas. Not bad for a company that was originally a challenger brand and did not have its roots in a privatised electricty/gas supplier with millions of guaranteed customers from day one!
https://www.msn.com/en-gb/money/othe...ccc379bc&ei=15

Hugh 01-09-2023 13:25

Re: The energy crisis
 
Here’s the info on the Shell Energy page (we’re customers).

https://help.shellenergy.co.uk/hc/en...17469741986833

Jaymoss 01-09-2023 13:31

Re: The energy crisis
 
It is interesting the Octopus are taking on a Broadband provider

SnoopZ 01-09-2023 18:49

Re: The energy crisis
 
Quote:

Originally Posted by Taf (Post 36159529)
Our latest energy bill from Scottish Power has arrived. All prices include VAT.

Electricity
Standing Charge: 53.82p per day
Was 33.28 p/kwh
From 1st July 30.22 p/kwh

Gas
Standing Charge: 29.11p per day
Was 10.47 p/kwh
From 1st July 7.66 p/kwh

Our electricity use per day was 11.8 kwh, they say the High Usage level is 11.7 kwh
Our gas use per day was 17.8 kwh, they say the Low Usage level is 21.9 kwh

Our electricity usage for this period was 884 kwh compared with 866 kwh for the same period last year.

Our gas usage for this period was 468 kwh compared with 526 kwh for the same period last year.

Considered moving to someone cheaper like Octopus?

ianch99 01-09-2023 19:02

Re: The energy crisis
 
Is anyone interested in breaking out a separate thread solely for the Octopus Agile tariff? As we go into the Autumn/Winter/Spring, the pricing could get interesting :D

Ms NTL 01-09-2023 19:55

Re: The energy crisis
 
Quote:

Originally Posted by ianch99 (Post 36159558)
Is anyone interested in breaking out a separate thread solely for the Octopus Agile tariff? As we go into the Autumn/Winter/Spring, the pricing could get interesting :D

yes

Agile Octopus & Octopus tracker

Leccy+ gas

No bloody wind the last few weeks!

https://winderful.uk/

Sephiroth 01-09-2023 20:40

Re: The energy crisis
 
Quote:

Originally Posted by Ms NTL (Post 36159564)
yes

Agile Octopus & Octopus tracker

Leccy+ gas

No bloody wind the last few weeks!

https://winderful.uk/

Is there a lot of wind in Saudi Arabia?

Paul 01-09-2023 21:01

Re: The energy crisis
 
Quote:

Originally Posted by Sephiroth (Post 36159569)
Is there a lot of wind in Saudi Arabia?

Saudi Arabia :confused:

Ms NTL 01-09-2023 21:05

Re: The energy crisis
 
Quote:

Originally Posted by Sephiroth (Post 36159569)
Is there a lot of wind in Saudi Arabia?

sandstorms!:D

When there is wind offshore in the UK, leccy is next to zero. Otherwise the fire up the gas to produce leccy.

SnoopZ 01-09-2023 21:07

Re: The energy crisis
 
Quote:

Originally Posted by Ms NTL (Post 36159573)
sandstorms!:D

When there is wind offshore in the UK, leccy is next to zero. Otherwise the fire up the gas to produce leccy.

Is it still cheaper than what us regular folk pay though?

Sephiroth 01-09-2023 21:13

Re: The energy crisis
 
Quote:

Originally Posted by Paul (Post 36159571)
Saudi Arabia :confused:

Boris: "Make the UK the Saudi Arabia of wind power".

Ms NTL 01-09-2023 21:23

Re: The energy crisis
 
Quote:

Originally Posted by SnoopZ (Post 36159574)
Is it still cheaper than what us regular folk pay though?

I average

17p leccy, 4.5p gas

quite cheaper.

I will post the bill when it comes tomorrow (40+ pages of it)

---------- Post added at 21:23 ---------- Previous post was at 21:22 ----------

Quote:

Originally Posted by Sephiroth (Post 36159575)
Boris: "Make the UK the Saudi Arabia of wind power".

allegorical!

Taf 02-09-2023 09:35

Re: The energy crisis
 
Quote:

Originally Posted by SnoopZ (Post 36159556)
Considered moving to someone cheaper like Octopus?

I was given a link, but I was rejected due to our postcode. :confused:

Ms NTL 02-09-2023 10:15

Re: The energy crisis
 
Quote:

Originally Posted by Taf (Post 36159582)
I was given a link, but I was rejected due to our postcode. :confused:

@everyone

here is a link

https://share.octopus.energy/sage-hawk-776

Octopus will give me 50 quid, if you use it, but I will sent you back 50 quid, if you send me a sort code/account number.

You will also receive £50 from octopus.

Ask for Agile Octopus +Octopus tracker

Taf 02-09-2023 10:58

Re: The energy crisis
 
Quote:

Originally Posted by SnoopZ (Post 36159556)
Considered moving to someone cheaper like Octopus?

The unit cost with Octopus is exactly the same, but is 1.64p per day cheaper for both Standing Charges, under a £1 a month. Not worth the hassle.

Ms NTL 02-09-2023 11:12

Re: The energy crisis
 
Quote:

Originally Posted by Taf (Post 36159587)
The unit cost with Octopus is exactly the same, but is 1.64p per day cheaper for both Standing Charges, under a £1 a month. Not worth the hassle.

From my bill

leccy

16.12p/kWh 396.4 kWh £63.92
Total consumption 396.4kWh @ 16.12p/kWh † £63.92
Standing Charge 31 days @ 40.73p/day £12.63

gas

Consumption 49.4 Units (m3)

Energy Used* 553.2 kWh @ 3.94p/kWh† £21.77
Standing Charge 31 days @ 25.56p/day £7.92

† Average unit rate charged per kilowatt-hour.

That's for Agile Octopus + Octopus tracker tariff

Use the link above and choose "Intelligent tariffs" and then Agile octopus + Octopus tracker...it is hidden for a reason.

1andrew1 02-09-2023 23:11

Re: The energy crisis
 
Quote:

Originally Posted by Jaymoss (Post 36159545)
It is interesting the Octopus are taking on a Broadband provider

I guess they didn't have much choice as it is part of Shell Energy. I suspect they won't keep it.

Jaymoss 02-09-2023 23:19

Re: The energy crisis
 
Quote:

Originally Posted by 1andrew1 (Post 36159618)
I guess they didn't have much choice as it is part of Shell Energy. I suspect they won't keep it.

or maybe it is a new venture

Paul 20-09-2023 18:04

Re: The energy crisis
 
Interesting first Bill from OVO (for August).
They charged me 14.85 for Electricity, which is simply the standing charge for the month.

This is despite they fact they have my meter readings for the month.
Gas was charged correctly, Standing plus usage from the meter readings.

I wonder how long this will last before they notice their system isnt working properly.


[ Years ago, when I was with IRESA, they screwed up and used my night readings for day, and day readings for night.
So I got 80% of my electric at the cheap night rate. They never fixed this, even after I pointed it out to them, twice. ]

Ms NTL 20-09-2023 18:41

Re: The energy crisis
 
Octopus did not charge me for leccy in August either --not even standing charge. Only gas. I have a smart meter, and since they charged me for gas, I know they can "talk" to the meter. ?????

Jaymoss 20-09-2023 18:47

Re: The energy crisis
 
Quote:

Originally Posted by Ms NTL (Post 36160403)
Octopus did not charge me for leccy in August either --not even standing charge. Only gas. I have a smart meter, and since they charged me for gas, I know they can "talk" to the meter. ?????

They did the same to my daughter but she was a Bulb move over. Ended up being billed over £350

Taf 20-09-2023 19:56

Re: The energy crisis
 
1 Attachment(s)
Scottish power is knocking a tiny bit off gas and leccy, but adding to the Standing Charge... AGAIN!

Paul 20-09-2023 20:57

Re: The energy crisis
 
Quote:

Originally Posted by Taf (Post 36160408)
Scottish power is knocking a tiny bit off gas and leccy, but adding to the Standing Charge... AGAIN!

I got this from OVO.

Quote:

If you're on a variable rate plan we’re not passing on any standing charge increases. With the new price cap, you’ll pay a lower unit rate for your energy from 1 October. Daily standing charges should be increasing, due to rising costs of supplying energy to your home. Due to the challenges that a lot of customers face with the cost of living crisis, this increase won’t be passed on to you, and you’ll continue paying your current price for standing charge. Your actual bills will still depend on how much energy your home uses.

Taf 21-09-2023 13:02

Re: The energy crisis
 
Quote:

Your actual bills will still depend on how much energy your home uses.
Plus the existing rate of Standing Charge of course.

Hugh 21-09-2023 13:39

Re: The energy crisis
 
1 Attachment(s)
Received this from Shell Energy this week

Quote:

Your electricity rates are changing from 29.262p to 26.520p per kWh. Your electricity standing charge per day is changing from 55.60p to 56.02p.

Your gas rates are changing from 7.439p per kWh to 6.825p per kWh. Your gas standing charge per day is changing from 29.11p to 29.62p.
https://www.cableforum.uk/board/atta...6&d=1695299945

Chris 21-09-2023 15:03

Re: The energy crisis
 
2 Attachment(s)
Octopus is reducing unit rates and freezing standing charge for both gas and electric.

(Attached - electricity is the one with 60p standing charge)

TheDaddy 21-09-2023 15:40

Re: The energy crisis
 
Wouldn't it be better to put the unit cost up and the standing charge down to encourage less use

Hugh 21-09-2023 15:46

Re: The energy crisis
 
Quote:

Originally Posted by TheDaddy (Post 36160445)
Wouldn't it be better to put the unit cost up and the standing charge down to encourage less use

You’re confusing the Energy Companies with someone who want to make less money - Standing Charges = guaranteed revenue (no matter how much the customer reduces usage…)

Paul 21-09-2023 15:53

Re: The energy crisis
 
My new prices will be

Standing Charges:
Gas = 29.11p per day
Electric = 50.31p per day

Usage:
Gas = 6.77p per kWh
Electric = 26.76p per kWh

As noted, the standing charge is unchanged, the usage as gone down from 29.47p & 7.37p.
The standing charges are identical to what I previously paid both EDF & British Gas earlier in the year.

SnoopZ 22-09-2023 08:34

Re: The energy crisis
 
Glad I didn't fix my flexible Octopus tariffs.

Unit rates have decreased standing charges haven't changed.

New Prices
Standing Charges:
Gas = 27.468p per day
Electric = 42.013p per day

Unit Rate
Gas = 6.786p per kWh
Electric = 27.932p per kWh

Chrysalis 25-09-2023 19:08

Re: The energy crisis
 
Quote:

Originally Posted by Chris (Post 36160443)
Octopus is reducing unit rates and freezing standing charge for both gas and electric.

(Attached - electricity is the one with 60p standing charge)

How nice of them to freeze zero usage fees at £1 a day. :(

---------- Post added at 19:08 ---------- Previous post was at 19:05 ----------

Quote:

Originally Posted by TheDaddy (Post 36160445)
Wouldn't it be better to put the unit cost up and the standing charge down to encourage less use

A fair few of us have been arguing this on social media, but its on deaf ears.

Ofgem have been moving various industry costs from unit to SC deliberately for their own reasons (likely political), but in addition the industry is likely fighting with customers who are reducing their usage, so shifting costs to SC acts as revenue protection.

Chris 25-09-2023 19:17

Re: The energy crisis
 
In defence of the standing charge: there is a network of pipes, pumps, high voltage lines and substations that requires maintenance so it’s available for your use regardless of how much gas or electricity you actually consume. Your supplier has to pay a transmission charge to the local network operator for the privilege of having you as a customer attached to their network. It isn’t all about the actual quantity of gas or electricity you consume, although the suppliers have done more than their fair share towards muddying the waters here, with various tariffs that more or less decouple the actual transmission cost from their standing charge.

Paul 25-09-2023 21:03

Re: The energy crisis
 
Quote:

Originally Posted by TheDaddy (Post 36160445)
Wouldn't it be better to put the unit cost up and the standing charge down to encourage less use

Most people would not use less, just end up paying more, so .. no thanks.

nashville 26-09-2023 14:00

Re: The energy crisis
 
Disgraceful charges Standing charges Etc

Sephiroth 26-09-2023 15:54

Re: The energy crisis
 
Quote:

Originally Posted by Chris (Post 36160659)
In defence of the standing charge: there is a network of pipes, pumps, high voltage lines and substations that requires maintenance so it’s available for your use regardless of how much gas or electricity you actually consume. Your supplier has to pay a transmission charge to the local network operator for the privilege of having you as a customer attached to their network. It isn’t all about the actual quantity of gas or electricity you consume, although the suppliers have done more than their fair share towards muddying the waters here, with various tariffs that more or less decouple the actual transmission cost from their standing charge.

Your point is a fair one. I need to look into the accounts to see whether or not the income from standing charge is matched by fixed cost expenditure.

You could say that the standing charge is akin to National Insurance in the sense that it is a "tax" that goes into the company pot as distinct from hypothecation.

tweetiepooh 26-09-2023 16:15

Re: The energy crisis
 
The infrastructure costs remain regardless of the fuel cost. If fuel prices plummeted the owners would still need to keep spending and material costs still could rise. Maybe a cap on the SC paid so the companies get enough and the customers don't get hit quite so hard.


I guess it comes down to knowing who owns what and where the money goes. And would people in some areas need to pay more SC if the infrastructure to supply them is "more expensive". (e.g. remote farm may have an almost exclusive "pipe" that could cost more than a house on a street with more shared infrastructure.)

Chris 26-09-2023 16:29

Re: The energy crisis
 
Quote:

Originally Posted by tweetiepooh (Post 36160723)
The infrastructure costs remain regardless of the fuel cost. If fuel prices plummeted the owners would still need to keep spending and material costs still could rise. Maybe a cap on the SC paid so the companies get enough and the customers don't get hit quite so hard.


I guess it comes down to knowing who owns what and where the money goes. And would people in some areas need to pay more SC if the infrastructure to supply them is "more expensive". (e.g. remote farm may have an almost exclusive "pipe" that could cost more than a house on a street with more shared infrastructure.)

Customers connected to certain distribution networks do indeed pay more. Even though suppliers muck about with the standing charge you’ll notice two customers on the same tariff with the same supplier in different parts of the country will pay different rates. SSE’s network in northern Scotland is the most expensive of the lot (hundreds of miles of exposed cable with very few customers to pay for it). SP Manweb’s Merseyside and North Wales network is likewise stretched thin in North Wales, although counter-intuitively it’s also relatively expensive in Liverpool because the original electricity distribution network there was somewhat over-designed. It’s practically bomb-proof but correspondingly pricey to maintain.

It’s the distribution network operator that levies these charges but the domestic suppliers pass them on.

Taf 26-09-2023 16:39

Re: The energy crisis
 
Quote:

Originally Posted by TheDaddy (Post 36160445)
Wouldn't it be better to put the unit cost up and the standing charge down to encourage less use


I have had contracts in the past that had no Standing Charge. But, and it's a big but, if you used less than a certain amount each month, they tagged-on a Connection Charge to the bill. Our neighbours went abroad for over 3 months, so no gas or leccy used, but they got slapped with bills.

Paul 10-10-2023 19:05

Re: The energy crisis
 
Quote:

Originally Posted by Paul (Post 36160402)
I wonder how long this will last before they notice their system isnt working properly.

Still broken (well I assume its broken). :erm:

Despite having multiple meter readings from the day I joined, they still havent charged me a single penny for usage, just the daily SC. :dozey:

At this rate I'm going to have a hell of a balance building up. :angel:

Paul 17-10-2023 23:43

Re: The energy crisis
 
Got an email from OVO today confirming I'll get the £150 Warm Home Discount again this year.

Given they are still not charging me for any electricity at all, my balance sure is going to shoot up. :erm:

OLD BOY 20-10-2023 13:56

Re: The energy crisis
 
Quote:

Originally Posted by Paul (Post 36161706)
Still broken (well I assume its broken). :erm:

Despite having multiple meter readings from the day I joined, they still havent charged me a single penny for usage, just the daily SC. :dozey:

At this rate I'm going to have a hell of a balance building up. :angel:

I hope you are putting money aside for that eventuality, Paul…🤔

Mr K 20-10-2023 16:48

Re: The energy crisis
 
Quote:

Originally Posted by Paul (Post 36162212)
Got an email from OVO today confirming I'll get the £150 Warm Home Discount again this year.

Given they are still not charging me for any electricity at all, my balance sure is going to shoot up. :erm:

Something similar happened with me when I was transferred to EON. No bills for year despite me chasing. When they did eventually sort it out ( blaming the previous supplier who"d gone bust), I put a complaint in hoping for a bit of a discount. They credited me the whole debit balance back (£270), which was a nice result.

Chris 20-10-2023 17:45

Re: The energy crisis
 
It’s illegal for your energy supplier to chase you for debts older than 12 months, unless you’ve been actively avoiding paying them in which case the deadline is something like 7 years. In the case of them not billing you for over a year, technically they could try to work out exactly how much you used before and after the cut-off date but rather than risk being dragged through the courts if they get it wrong it’s probably just easier for them to write off the whole debt.

Paul 20-10-2023 20:53

Re: The energy crisis
 
Well I'm not activily avoiding it, Im still paying my DD monthly, they are just not billing me for the usage, just the SC.

Chris 20-10-2023 20:56

Re: The energy crisis
 
Quote:

Originally Posted by Paul (Post 36162395)
Well I'm not activily avoiding it, Im still paying my DD monthly, they are just not billing me for the usage, just the SC.

Well at this point cross your fingers and count the months down. If they eventually try to issue a bill more than 12 months in arrears, pounce …

jfman 23-10-2023 18:54

Re: The energy crisis
 
https://www.ispreview.co.uk/index.ph...witch-off.html

7 million smart meters to be cut off by 2033. (well, could)

SnoopZ 23-10-2023 22:45

Re: The energy crisis
 
Not very smart are they? Lol

Paul 24-10-2023 02:40

Re: The energy crisis
 
Well yes, presumably they will become dumb meters that you need to read.

Quote:

The government claims this replacement exercise will cost ‘about’ £2 for each household
In what world ?
I doubt that would cover the meter cost, let alone the engineer time.

Jaymoss 24-10-2023 09:06

Re: The energy crisis
 
Quote:

Originally Posted by Paul (Post 36162665)
Well yes, presumably they will become dumb meters that you need to read.


In what world ?
I doubt that would cover the meter cost, let alone the engineer time.

I think they might mean every household in the country making the cost tens of millions

GrimUpNorth 24-10-2023 12:08

Re: The energy crisis
 
Quote:

Originally Posted by Jaymoss (Post 36162671)
I think they might mean every household in the country making the cost tens of millions

Yes, because heaven forbid the utility company will take the hit in profits by funding the meter themselves.

jfman 24-10-2023 12:44

Re: The energy crisis
 
Quote:

Originally Posted by Jaymoss (Post 36162671)
I think they might mean every household in the country making the cost tens of millions

I think they do, but even still what - 28 million households?

£8 wouldn’t pay someone to cross your door, let alone start playing around with meters and equipment, test, and leave. Their hourly rate would be far in excess of this, before anyone even adds the cost of new meters/modules.

1andrew1 24-10-2023 13:13

Re: The energy crisis
 
Quote:

Originally Posted by jfman (Post 36162678)
I think they do, but even still what - 28 million households?

£8 wouldn’t pay someone to cross your door, let alone start playing around with meters and equipment, test, and leave. Their hourly rate would be far in excess of this, before anyone even adds the cost of new meters/modules.

Would they just post it and the user plugs it in, in place of the old smart meter?

joglynne 24-10-2023 13:13

Re: The energy crisis
 
Quote:

Originally Posted by jfman (Post 36162678)
I think they do, but even still what - 28 million households?

£8 wouldn’t pay someone to cross your door, let alone start playing around with meters and equipment, test, and leave. Their hourly rate would be far in excess of this, before anyone even adds the cost of new meters/modules.

Probably a daft question but .....Couldn't the change over be done by a remote software change/update. I know when my smart meter was playing up Octopus gave it a long distance kick to make it behave.

heero_yuy 24-10-2023 13:23

Re: The energy crisis
 
Quote:

Originally Posted by 1andrew1 (Post 36162681)
Would they just post it and the user plugs it in, in place of the old smart meter?

That's only the remote user display. The actual smart meter is hard wired into the main power feed to the fusebox.

Chris 24-10-2023 13:39

Re: The energy crisis
 
Quote:

Originally Posted by joglynne (Post 36162682)
Probably a daft question but .....Couldn't the change over be done by a remote software change/update. I know when my smart meter was playing up Octopus gave it a long distance kick to make it behave.

If they’re wired for 2G or 3G and they need 4G they will require different hardware. I guess there might be a swappable module inside them but it might mean a full replacement.

spiderplant 24-10-2023 13:46

Re: The energy crisis
 
Quote:

Originally Posted by Chris (Post 36162684)
I guess there might be a swappable module inside them

That's what the article says.

I've just been to look at mine. The swappable module is not going to be cheap, and is not user replaceable (the screws have tamper-evident seals on)

Paul 24-10-2023 19:02

Re: The energy crisis
 
Quote:

Originally Posted by jfman (Post 36162678)
I think they do, but even still what - 28 million households?

I dont think all 28 million have smart meters, esp older ones.

jfman 24-10-2023 19:07

Re: The energy crisis
 
Quote:

Originally Posted by Paul (Post 36162702)
I dont think all 28 million have smart meters, esp older ones.

Apologies - I think Jaymoss was saying they were using the figure for all households (28 million-ish) when they arrived at £2, and just not those with smart meters (around 7m).

So the whole cost of the exercise £56m instead of £14m. However, it still seems very small.

Sephiroth 24-10-2023 19:11

Re: The energy crisis
 
Quote:

Originally Posted by jfman (Post 36162703)
Apologies - I think Jaymoss was saying they were using the figure for all households (28 million-ish) when they arrived at £2, and just not those with smart meters (around 7m).

So the whole cost of the exercise £56m instead of £14m. However, it still seems very small.

See HS2 for details!

Jaymoss 24-10-2023 19:12

Re: The energy crisis
 
Quote:

Originally Posted by jfman (Post 36162703)
Apologies - I think Jaymoss was saying they were using the figure for all households (28 million-ish) when they arrived at £2, and just not those with smart meters (around 7m).

So the whole cost of the exercise £56m instead of £14m. However, it still seems very small.

Depends how they cost it

If they cost total cost of the job then it will be a lot more but if they factor in the guys are working for them anyway so labour costs are not included then it will be only the cost of the parts. Selling £2 per household costs is a lot more palatable that a tenner +

jfman 24-10-2023 19:25

Re: The energy crisis
 
Quote:

Originally Posted by Jaymoss (Post 36162705)
Depends how they cost it

If they cost total cost of the job then it will be a lot more but if they factor in the guys are working for them anyway so labour costs are not included then it will be only the cost of the parts. Selling £2 per household costs is a lot more palatable that a tenner +

It's also a lie. :D


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